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[quote][i]Originally posted by Ian[/i] Just re the 'renting is dead money' comment. My mortgage is hundreds of pounds larger than the rental for this flat would be. So basically I'm paying half as much again to say its mine. Prices have risen but they're not selling, ie. they have not risen until they sell. When you consider the costs to sell if I decide to do so, I'm probably down after all is said and done. Renting in my case may have worked out cheaper. Call it what you like, ultimate it is a cost to live somewhere and your money should be with the cheaper one, not the one which you consider to have a bad name. Property appreciating is not the done deal it used to be, especially in this climate. There's a lot to be said for being out of the game if I'm honest. [/quote]
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